Pfizer
Long
Updated

PERFECT TIME TO BUY. $PFE to $32 before Next Earning

699
The falling wedge is a bullish price formation that tells a tale of the stock where bulls are gearing up for a new rally.

+ PFE is trading below my estimate of fair value ($68.47). OVERSOLD!

+ Their Earning is expected to return to the $9-10 billion range (Pre-Covid). The current earning is 2.13 billion.

+ Paxlovid, Prevnar, Elliquis, Ibrance, Xeljanz, Enbrel and Zithromax/Zmax continue to be the most effecitive medications.

+ Pfizer, a company that pays dividends, currently has a yield of 6.21%. I have faith in my chart analysis, however, even if there are inconsistencies, dividends will continue to be distributed, which solidifies its attractiveness as a long-term investment opportunity.

Risk-Free & East Gain
Note
Back to Trendline
Note
Going up now
Note
Retesting the Orange line :)
Healthy way to go up
Trade closed: target reached
EASY

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